Teledyne Technologies Incorporated $TDY Stock Purchased by Sterling Capital Management LLC

Key Points

• Sterling Capital Management increased its Teledyne Technologies stake by 122.5% in the third quarter, owning 3,081 shares valued at approximately $1.87 million. Hedge funds and other institutional investors hold 91.58% of TDY shares.
• Teledyne reported strong third-quarter results, with EPS of $6.72 versus the $6.17 consensus and revenue of $1.68 billion, up 9.4% year over year. The company also raised its 2026 outlook following record profit and sales.
• Analyst sentiment remains broadly positive: several firms raised price targets, and TDY has a consensus rating of “Moderate Buy” with an average target of $729.17, compared with a referenced share price of $625.65.

Sterling Capital Management LLC boosted its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 122.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,081 shares of the scientific and technical instruments company's stock after buying an additional 1,696 shares during the period. Sterling Capital Management LLC's holdings in Teledyne Technologies were worth $1,870,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Yousif Capital Management LLC lifted its position in shares of Teledyne Technologies by 5.0% in the 3rd quarter. Yousif Capital Management LLC now owns 4,559 shares of the scientific and technical instruments company's stock valued at $2,766,000 after acquiring an additional 218 shares in the last quarter. Compass Wealth Management LLC acquired a new position in Teledyne Technologies in the 3rd quarter worth approximately $150,000. Root Financial Partners LLC purchased a new position in Teledyne Technologies during the 3rd quarter worth approximately $81,000. Cardinal Capital Management grew its position in Teledyne Technologies by 2.1% during the 3rd quarter. Cardinal Capital Management now owns 7,762 shares of the scientific and technical instruments company's stock worth $4,710,000 after purchasing an additional 159 shares in the last quarter. Finally, Axxcess Wealth Management LLC raised its stake in Teledyne Technologies by 59.8% during the 3rd quarter. Axxcess Wealth Management LLC now owns 759 shares of the scientific and technical instruments company's stock valued at $461,000 after purchasing an additional 284 shares during the period. 91.58% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Teledyne Technologies

Here are the key news stories impacting Teledyne Technologies this week:

• Positive Sentiment: Record quarterly performance lifted guidance. Teledyne reported third-quarter earnings of $6.72 per share, above the $6.17 consensus estimate, while revenue of $1.68 billion exceeded expectations of $1.65 billion and increased 9.4% year over year. Management also raised its 2026 outlook following record profit and sales. Teledyne Technologies Q3 Earnings Lift Guidance After Record Profit
• Positive Sentiment: Analysts raised valuation targets after the results. Stifel lifted its target to $795 from $775 and retained a Buy rating; Needham raised its target to $775 from $760 and assigned a Buy rating; and BNP Paribas increased its target to $780 from $760. These targets imply substantial potential upside from the referenced trading level. Stifel Price Target Needham Price Target BNP Paribas Price Target
• Positive Sentiment: Digital imaging growth remains an upside driver. Bank of America reiterated its Buy rating, citing the record quarter, raised 2026 guidance and continued growth in digital imaging as reasons for further upside. Bank of America Rating
• Neutral Sentiment: Analyst sentiment is not unanimous across technology stocks, but the TDY-specific coverage provided is predominantly constructive, with multiple target increases following the earnings release. Analyst Sentiment Article

Teledyne Technologies Stock Performance

Shares of TDY opened at $625.65 on Monday. The company has a market capitalization of $29.01 billion, a PE ratio of 28.59, a PEG ratio of 2.30 and a beta of 0.89. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.51 and a current ratio of 2.31. The company's 50 day moving average price is $616.98 and its 200 day moving average price is $631.14. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $697.67.

Teledyne Technologies (NYSE:TDY - Get Free Report) last released its earnings results on Wednesday, October 21st. The scientific and technical instruments company reported $6.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.17 by $0.55. Teledyne Technologies had a net margin of 15.75% and a return on equity of 10.89%. The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the prior year, the firm earned $5.57 EPS. The company's revenue was up 9.4% compared to the same quarter last year. Research analysts expect that Teledyne Technologies Incorporated will post 25.59 EPS for the current fiscal year.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Simon Lorne sold 6,449 shares of the company's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total value of $4,387,512.66. Following the transaction, the director directly owned 55,783 shares of the company's stock, valued at approximately $37,951,406.22. This represents a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.36% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TDY. Zacks Research lowered Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Needham & Company LLC lifted their price target on Teledyne Technologies from $760.00 to $775.00 and gave the company a "buy" rating in a report on Friday. Weiss Ratings reissued a "buy (b)" rating on shares of Teledyne Technologies in a research report on Wednesday, August 19th. Citigroup increased their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 1st. Finally, Barclays raised their price objective on Teledyne Technologies from $614.00 to $640.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $729.17.

Teledyne Technologies Profile

Teledyne Technologies Incorporated NYSE: TDY is an industrial technology company that develops and manufactures sophisticated electronic, digital imaging, aerospace and defense products. Its offerings are used in commercial, industrial, scientific, government and defense applications where sensing, imaging, measurement and data processing are important.

The company's businesses include digital imaging sensors and cameras, scientific instruments, environmental and marine monitoring systems, aerospace and defense electronics, communications equipment, data-acquisition systems and engineered components.

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